AUDUSD on HTF is in a strong bearish trend, what we can see on LTF is the market provided us with a nice correction, this correction is currently testing the 0.618 fib and showing signs of rejection. What i would like to see first is the liquidity removed above the highs, this will also induce bulls into the market. This is when we will be dropping down to LTF with students to look at potential shorting confirmations.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.